Summary Points:
The stock tanked after the deal with Staples collapsed.
Management has been taking steps that could positively influence the stock.
Stock has found a base while its cheap price (under 3x EV/EBITDA) implies that any positive news will help it recover.
Where there is fear, there is opportunity. Office Depot (NYSE:ODP) presents such a case. Value trap … [Read more...]

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Sophocles Sophocleous

A Fulbright scholar and Chartered Financial Analyst, has been active in the global financial markets since 1999. This website displays his personal thoughts and investment strategy. Read More…